Abstract:David Bottin, former Managing Director at AvaTrade and head of AvaTrade France, has launched a new offshore Retail FX and CFD broker brand called RaiseFX, at website raisefx.com.
David Bottin, former Managing Director at AvaTrade and head of AvaTrade France, has launched a new offshore Retail FX and CFD broker brand called RaiseFX, at website raisefx.com.
The raisefx.com website is technically being operated by a company called RaiseGroup LLP, which is registered in Kazakhstan. However we understand that the operation is being physically run from Paris, where Mr. Bottin resides.
David Bottin was Managing Director of AvaTrade France from 2017-2019. Over the past three years he co-ran a now defunct copy trading outfit called WolvesONMARKET. Prior to joining AvaTrade he worked at GKFX, XTB, and FXCM (at FXCMs then-France partner firm ProfesseurForex.com), in various market research and CFD sales roles.
RaiseFX is offering trading on the MT4 platform, with a limited number of FX pairs, indices, commodities and cryptos. The broker seems to be targeting mainly French-speaking traders.
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Pocket Option is considered a beginner-friendly trading platform, providing access to over 100 CFD instruments. Though not in an extensive range, 12 currency pairs, 10 cryptocurrencies, and stock indices are enough for focused and efficient trading. Particularly, forex trading starts at $10, perfectly fit for beginners' trading styles. Besides, Pocket Option provides a free demo account with virtual funds of $50,000 to give users risk-free practice. Though Pocket Option introduces commission-free option trading, they are less competitive in trading costs for other instruments.
The global financial landscape has been reshaped by two dominant trading markets: cryptocurrency and foreign exchange (forex). Each offers unique opportunities, risks, and rewards, leaving traders and investors divided on which market holds the upper hand. But when it comes to choosing between them, is there a definitive answer, or does it all boil down to personal preference and risk appetite?